Nurturing clear strategies for growth Effective growth plans are built from a targeted strategy that builds sales and profit by channel, customer, and product to identify what can be achieved. These plans are usually more realistic and will include a new customer or new product business pipeline to define potential sources and probabilities of new growth. By building up by … Read More
How a Business Plan Can Help Your Business Grow
The Power of Drafting an Annual Business Plan ….If you want to grow, one of the most important steps is to develop a plan for growth — and then make planning an ongoing process of your company. Remember: You can’t reach a goal you haven’t set. It’s planning that’s important, not necessarily the plan. The planning process itself brings you the … Read More
How Technology Can Make Bookkeeping Easier
Four Ways Technology Can Help With Bookkeeping Does it seem like every time you plan to work on your business’s books , you get distracted? Well, if so, you’re not alone. Tackling the books is one of a business owner’s biggest headaches. Luckily, there’s technology that can help any business owner make sense of their bookkeeping and make the task … Read More
A Simple Strategy to Get Closer to Your Goals
Getting closer to your goals, one day at a time requires some planning… But when it comes to our to-do lists, far too many of us become undisciplined yes-women and yes-men. We complete easy tasks as we attempt to feel productive, instead of actually being productive. In actuality, the tasks we do are rarely the ones we should be prioritizing, or … Read More
Williams & Kunkel, CPAs LLP client case study Jewelry Theory
Matching their passion for jewelry with their drive to revolutionize the industry… Dallas-based Jewelry Theory is not a jewelry store: it is a new approach to jewelry design and creation. And it’s catching on fast. We spoke with one of the four owners and Head of Design, Tony Logan, about the business and their journey so far. As with so … Read More
Tax season lessons for next April 15
Tax season is over. Is hindsight really that helpful? Now you can take a sigh of relief and push any thoughts of taxes far from your mind, right? Then repeat and rinse by doing the stress-filled mad dash all over again in just under 12 months (just like you swore you wouldn’t this year) to file next year’s taxes? “Doing … Read More
STRATEGY Use it to succeed in your business
Developing strategy to succeed in business A recent survey, conducted by The High Center for Family Business at Elizabethtown College and the Pennsylvania Chamber of Business and Industry, found that 65% of family businesses do not have a strategic plan. Many businesses misuse the term strategy As leaders of businesses, we should make sure that all our efforts are not … Read More
Improve your business bookkeeping – start with your check book
Managing good business books isn’t something you should only do as a tax-saving strategy It also gives you peace of mind, ensuring you haven’t mixed up funds or miscoded data entries that require a lot of reversal work or resolution by your accountant. Here are four important reasons why maintaining a separate check book and sets of records for each … Read More
Is your business planning suffering from SPOTS Syndrome?
SPOTS Syndrome is proof that an organization’s strategic planning process is a waste of time and resources. Too many business’ strategic plans are still hit by ‘Strategic Plans On Top Shelf’ or SPOTS Syndrome. Here we look at three key areas that continue to foil strategic planning if not dealt with effectively: 1. Symptom: Conducting business-as-usual post-planning One of the … Read More
6 easy ways to prepare for April 15 next year
Many surprises could arise from now until next April 15, including life changes and new tax laws. Right now is the best time to create a system that better organizes your taxes and gets you a head start on next year’s filing. IRS offers some handy advice on how to do just that: Life events may change the amount of … Read More